Marqeta

Ramp adds merchant ‘blocking’ to corporate credit card

Ask any employee and they’ll tell you one of their least favorite things to do is file expenses. And for companies, the process of managing corporate spend is one of their biggest challenges. Corporate credit cards help ease that pain, so it’s no surprise that the competition between startups in the space is heating up […]

After selling Bread last year for over $500M, this founder just raised millions for his new fintech startup

When Daniel Simon sold Bread, a consumer purchase finance and payments startup he’d co-founded, to Alliance Data Systems for over $500 million late last year, he quickly set his sights on building another startup. During the pandemic, Simon says he observed how much strain was placed on what he described as ‘real-world’ businesses and their […]

Synctera raises $33M Series A to pair fintechs with banks

Synctera, which aims to serve as a matchmaker for community banks and fintechs, has raised $33 million in a Series A round of funding led by Fin VC. The raise comes just under six months after the fintech raised $12.4 million in a seed round of funding. New investors Mastercard and Gaingels also participated in […]

Linkedin is the reason Apple made the M1 chip

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was good fun not only because we had the whole team together to record, but also because we are still basking in the endless glory of our winning a Webby earlier this week. Frankly we are still […]

Privacy.com rebrands to Lithic, raises $43M for virtual payment cards

When Privacy.com was founded in 2014, the company’s focus was to let anyone generate virtual and disposable payment card numbers for free. The goal was to allow those users to keep users’ actual credit card numbers safe while allowing the option to cut off companies from their bank accounts. In an age of near-constant data […]

Pomelo raises $9M to build a payments infrastructure for LatAm fintechs

Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes. The COVID-19 pandemic has accelerated the adoption […]

Fintech Marqeta expands into credit card space days after filing for an IPO

Marqeta is expanding into the consumer credit card space to help other brands launch credit card programs.  The move comes just days after the payment card issuing company reportedly filed confidentially for an initial public offering, making it the latest fintech to make a move to the public markets. The value of the IPO is […]